HobbyTown USA Franchise
Sunday, April 25, 2010 at 12:10PM Toy, hobby and game retailer
Join a successful franchise
The HobbyTown USA® team has developed a business plan that has proven successful over the last twenty years. When you sign up as a HobbyTown USA® franchise owner, we give you operational training from our expert staff, provide you with services that would not be cost-effective as an independent business owner and offer national brand recognition with the HobbyTown USA® name.
"The hobby industry has seen many exciting changes over the last two decades and it continues to grow, but one thing remains constant, HobbyTown USA® continues to offer our customers a wide variety of hobby products that provide hours of family entertainment for very little investment."
* Join the HobbyTown USA® team and enjoy these benefits: The most recognized and trusted name in the hobby industry
* Financing assistance after the agreement is executed
* Site location and lease negotiation assistance
* Comprehensive store layout and design services
* On-site training and opening assistance
* Complete pre-opening and operations manuals
* Ongoing business support from the home office
* Point of purchase and inventory computer program and 24/7 technical support
* Customizable store website
* Marketing support
* Discount product purchase program and national buying power
* Annual franchise convention with educational seminars and trade show
HobbyTown USA® was founded on a dream to help men and women become successful owners of a hobby store. After twenty years in business, over 170 individuals have succeeded in living the HobbyTown USA® dream.
Start-up Costs & Franchises Fees
What is the total cost to open a HobbyTown USA Franchises?
Total Cost: $140,000 USD -$700,000 USD
Total Franchise Fees: $10,000 USD -$19,500
Ongoing Royalty Fees: 3-4%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $2K
Contact Information for HobbyTown USA
|
HobbyTown USA |
Toll Free: (800)858-7370 |
HobbyTown USA In the Press
No results at this time.Historical Expansion
In what year did HobbyTown USA begin operations? 1969
When did HobbyTown USA begin selling franchises? 1986
Year United States Canada International Corporate 2005 162 0 0 2 2004 152 0 0 2 2003 141 0 0 2 2002 149 0 0 1 2001 125 0 0 1
Future Expansion
Countries of Interest: Canada,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media
Franchise Operation Restrictions
5% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes